AFRICAN BANK LIMITED - African Bank Limited (in Curatorship) maturing bond -ABL16

African Bank Limited (in Curatorship) maturing bond -ABL16

AFRICAN BANK LIMITED (in Curatorship)
(Incorporated in the Republic of South Africa)
(Registered bank)
(Registration number 1975/002526/06)
Company code: BIABL
ISIN ABL16: ZAG000104183
(“African Bank” or “the Bank” or “ABL”))


African Bank Limited (in Curatorship) maturing bond

According to the original terms under which the bonds were issued under African Bank's Domestic
Medium Term Note programme, the following ABL bond is due to mature on 25 March 2016:

Instrument              ISIN number              Outstanding Nominal     Maturity Date
                                                 Amount
ABL16                   ZAG000104183             800,000,000             2016/03/25

Interested parties are referred to the Stock Exchange News Service (“SENS”) announcements
relating to the restructuring of African Bank and in particular the SENS released by African Bank
on 2 March 2016 (“African Bank Restructuring: Comprehensive Results Announcement of the
Exchange Offer Process”) and 15 March 2016 (“African Bank Restructuring: Ministerial approval
obtained and Registrar of Banks approvals granted”.)

The Curator therefore does not expect to the redemption of the bond to occur on 25 March 2016
and that the note will be redeemed on 4 April 2016 in terms of the Exchange Offer Process as
referred to in the announcement released by African Bank on 2 March 2016.



On behalf of the Curator of African Bank Limited

Midrand

23 March 2016

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Footnote : T Winterboer was appointed as Curator of African Bank Limited on 10 August 2014 by
the Minister of Finance of the Republic of South Africa and pursuant to the Banks Act No. 94 of
1990 (as amended) to manage the affairs of African Bank Limited subject to the supervision of the
Registrar of Banks. Please note that Mr Winterboer acts in the aforesaid capacity.




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Date: 23/03/2016 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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